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Chicago office space for rent searches span a range of operational stages—from startups and growing teams to mature firms. Based on TenantBase data, 59.3% of office-related lease searches favored terms of three years or less, underscoring a demand for flexible agreements that accommodate evolving workplace strategies. Longer commitments were relatively rare, with only 9.6% seeking leases over five years.
These figures suggest that the office segment is currently dominated by firms valuing optionality, likely due to the continued evolution of hybrid work. Meanwhile, the notable proportion of inquiries for 3–5 year terms (16.2%) points to steady interest from more established businesses seeking medium-term certainty.
Key submarkets such as the West Loop and Schaumburg are popular for office users, offering a blend of access, amenities, and competitive pricing. The rise in satellite office trends also gives credence to increased activity in Oak Park and Naperville. Collectively, this indicates that while central Chicago remains a draw, its peripheral zones play an increasing role in decentralized workforce strategies.
TenantBase is a technology platform built specifically for tenants. We make the process to find and lease space easier by combining our unique technology with experienced local commercial real estate brokers.
| Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
|---|---|---|---|
| Aurora | 1,800 | $1.55 / SF | 75 |
| Bolingbrook | 1,900 | $1.35 / SF | 51 |
| Boystown | 1,200 | - | < 30 |
| Central Loop | 2,000 | $2.47 / SF | 1,121 |
| Chinatown | 3,600 | $1.81 / SF | 32 |
| Cicero | 6,900 | $1.08 / SF | < 30 |
| Darien | 2,300 | $1.54 / SF | 549 |
| Des Plaines | 1,600 | $1.65 / SF | 56 |
| Downers Grove | 800 | $1.43 / SF | < 30 |
| East Loop | 1,500 | $2.84 / SF | 641 |
| East-West Corridor | 2,300 | $1.57 / SF | 576 |
| Elgin | 2,000 | $1.22 / SF | 77 |
| Elk Grove Village | 2,400 | $1.74 / SF | 434 |
| Evanston | 1,300 | $2.07 / SF | 156 |
| Fulton Market | 3,100 | $2.23 / SF | 324 |
| Glen Ellyn | 1,900 | $1.31 / SF | 124 |
| Goose Island | 3,000 | $2.67 / SF | 67 |
| Joliet | 1,000 | $1.52 / SF | 51 |
| Lake View East | 1,200 | $1.67 / SF | < 30 |
| Lake Zurich | 1,300 | $1.47 / SF | < 30 |
| Lincoln Park | 1,600 | $2.42 / SF | 87 |
| Little Italy | - | - | < 30 |
| Magnificent Mile | 2,200 | $2.31 / SF | 433 |
| McKinley Park | 3,100 | $1.59 / SF | 31 |
| Mokena | 4,000 | $1.45 / SF | 34 |
| Mount Prospect | 1,800 | $1.49 / SF | 259 |
| Naperville | 2,100 | $1.49 / SF | 536 |
| New East Side | 2,100 | $2.63 / SF | 2,013 |
| Niles | 1,700 | $1.69 / SF | 578 |
| North Michigan Ave | 2,200 | $1.99 / SF | 280 |
| North West Suburbs | 2,300 | $1.63 / SF | 799 |
| O'Hare | 1,700 | $1.72 / SF | 708 |
| Oak Lawn | 1,800 | $1.51 / SF | < 30 |
| Oak Park | 800 | $1.96 / SF | 53 |
| Old Town | 3,500 | $2.60 / SF | < 30 |
| Orland Park | 1,800 | $1.47 / SF | 83 |
| Plainfield | 1,100 | $1.32 / SF | 68 |
| Ranch Triangle | 2,800 | $2.58 / SF | < 30 |
| River North | 2,400 | $2.33 / SF | 853 |
| Rockford | 2,000 | $1.03 / SF | 78 |
| Romeoville | 2,700 | $1.36 / SF | 51 |
| Rosemont | 2,800 | $2.58 / SF | < 30 |
| Schaumburg | 2,400 | $1.55 / SF | 520 |
| Shorewood | 1,200 | $1.58 / SF | 78 |
| Streamwood | 1,500 | $1.28 / SF | 301 |
| Streeterville | 2,200 | $2.33 / SF | 636 |
| University Village | - | - | < 30 |
| Uptown | - | - | < 30 |
| West Loop | 3,600 | $2.56 / SF | 517 |
| Western Suburbs | 1,900 | $1.53 / SF | 1,211 |
| Westmont | 1,700 | $1.47 / SF | 222 |
| Wheaton | 2,800 | $1.60 / SF | 568 |
| Woodridge | 2,500 | $1.60 / SF | 434 |